Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 55-1-3 - Express trust defined — South Dakota Law | CourtGPT
  1. Home/
  2. Laws/
  3. South Dakota/
  4. Title 55 - Fiduciaries and Trusts/
  5. Chapter 01 - Classification and Creation of Trusts/
  6. Section 55-1-3 - Express trust defined
South Dakota Legal Code

Section 55-1-3 - Express trust defined

Ask AI about this
55-1-3. Express trust defined.An express trust is an obligation arising out of a personal confidence reposed in and voluntarily accepted by one for the benefit of another. Source: SDC 1939, §59.0101.